Why US Accounting Firms Are Increasingly Outsourcing to India
In recent years, many U.S. accounting firms have started sending their work overseas. India has become the most preferred destination for this shift. The main reason is simple—American firms want skilled help at a lower cost without losing quality. Lower Costs Without Cutting Corners Labor costs in the U.S. are high, especially for trained accountants and CPAs. In India, firms can hire professionals with the same qualifications at a fraction of the cost. This cost gap helps U.S. firms manage more clients and offer better rates without shrinking profits. It also allows smaller accounting firms to compete with larger ones. Outsourcing also saves on hiring, training, and office expenses. Instead of adding full-time employees for short-term projects, firms can pay only for the work they need. That flexibility makes outsourcing a smart business move. Skilled and Reliable Workforce India has a large pool of accountants and finance professionals who understand international standa...